
Deals1 Jul 2025, 09:11 pm
RITES Ltd Receives Major Order from South Western Railways for Tumakuru Station Redevelopment
AI Summary
RITES Ltd, a Schedule ‘A’ Enterprise of Govt. of India, has announced that the RITES-Aryan JV Joint Venture has received a Letter of Award (LOA) from South Western Railway for the ‘Tumakuru Station Redevelopment Engineering, Procurement and Construction Agreement’. The agreement includes Civil Works, Signal and Telecommunication works and Electrical General Services at Tumakuru Station. The project is worth Rs. 37.81 Crore excluding GST and is expected to be completed within 540 days from the appointed date as per the Agreement.
Key Highlights
- RITES-Aryan JV Joint Venture received LOA from South Western Railway for Tumakuru Station Redevelopment
- The project includes Civil Works, Signal and Telecommunication works and Electrical General Services
- The project is worth Rs. 37.81 Crore excluding GST
- The project is expected to be completed within 540 days from the appointed date as per the Agreement
- The transaction is between Government and Government Company